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steve understands that. that is what this organization is doing such great work. >> thanks for that. you mentioned something about the debt ceiling. that is an esoteric topic for a lot of americans. the president of the united states has proposed to have, at his discretion, be able to raise the debt ceiling of the united states in an unlimited way forever. without the approval of congress. what is the big deal? >> it is practically the most frightening proposal that has come out of this town, and a lot have. when you add on the entitlements that are unfunded, the president, i do not think, has a knowledge, and maybe he does not recognize that one of the greatest threats to economic freedom and to the american dream home -- i have a five- year-old and a three-year-old. i think most people that have young kids recognize the ability to have the same opportunity we have today is at risk because of spending. they will not play a single cut on the table. he comes up with a ludicrous proposal to have unlimited incr
steve understands that. that is what this organization is doing such great work. >> thanks for that. you mentioned something about the debt ceiling. that is an esoteric topic for a lot of americans. the president of the united states has proposed to have, at his discretion, be able to raise the debt ceiling of the united states in an unlimited way forever. without the approval of congress. what is the big deal? >> it is practically the most frightening proposal that has come out of...
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Dec 12, 2012
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and this place will not be as good as it has been without steve latourette, jean schmidt, steve austria, dennis kucinich and betty sutton. mr. speaker, it has been great knowing these folks. i'm pretty sure that all of them we will see again in one capacity or another. i know steve, that we will see you and jen and emma soon, and mr. speaker, with that, i think our hour's up. we have no more speakers. it's been a pleasure. it's been a privilege and honor to serve with all five of these men and women. and i yield back my time. the speaker pro tempore: the gentleman yields back the balance of his time. under the speaker's announced policy of january 5, 2011, the gentleman from california, mr. garamendi, is recognized for 60 minutes as the designee of the minority leader. mr. garamendi: mr. speaker, thank you for the opportunity. we're going to spend a good portion of this hour talking about something that is on everybody's mind, the fiscal cliff. oh my goodness, the fiscal cliff is now just -- wow, 20 days away. so what are we going to do? some have suggested that we really have to deal w
and this place will not be as good as it has been without steve latourette, jean schmidt, steve austria, dennis kucinich and betty sutton. mr. speaker, it has been great knowing these folks. i'm pretty sure that all of them we will see again in one capacity or another. i know steve, that we will see you and jen and emma soon, and mr. speaker, with that, i think our hour's up. we have no more speakers. it's been a pleasure. it's been a privilege and honor to serve with all five of these men and...
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Dec 13, 2012
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steve buys the stock. what was said in the phone call? did steve know it was insider trading when he bought the stock or should have known. i like steve to be honest. i think, you know, my opinion is they shouldn't put anybody in jail for insider trading. it's nonsense. it's a civil crime. it's not people go in jail for robbery. >> i have to get to the twining ky news, charlie. there's twinkie news which is that walmart may save hostess, of course, the proprietor of twinkies. the word is that these two are possible bidders. hostess says no. >> why? >> i don't know. i think kroger wants the wander bread. >> how much it go for? >> 1 billion liquidadtio. >> maybe that's why nobody cared. >> you don't allow anything negative in your body at all. you have not ate a twinkie in -- >> i could say 40 years. >> 40, okay. >> now you know i'm over 40. >> i was 38. okay. 83 appointments to the downside, well off the lows, we were down 96 points for the dow jones industrial, red across the board. stay tuned, coming righ
steve buys the stock. what was said in the phone call? did steve know it was insider trading when he bought the stock or should have known. i like steve to be honest. i think, you know, my opinion is they shouldn't put anybody in jail for insider trading. it's nonsense. it's a civil crime. it's not people go in jail for robbery. >> i have to get to the twining ky news, charlie. there's twinkie news which is that walmart may save hostess, of course, the proprietor of twinkies. the word is...
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Dec 7, 2012
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yeah, we'll speak to tim cook about continuing the legacy of steve jobs. plus chinese insurer picc put some spark back into the dismal, the big potential in the insurance. plenty more to come. having you ship my gifts couldn't be easier. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. >>> we continue to monitor reaction to the earthquake and tsunami wave in japan right now. miyagi northern prefecture region. and we got a clarification from one of the plants. tokyo whether he can power saying workers instead of evacuating completely, the plant saying they have now reached a position inside the plant, they didn't evacuate. so they just made sure the workers have gone into a safe position. we'll keep monitoring events and any reports we get out. meanwhile, with germany's dax closing near five year highs, is it time for a rerating of european equities? highest close since january 2008. up 28% for the y
yeah, we'll speak to tim cook about continuing the legacy of steve jobs. plus chinese insurer picc put some spark back into the dismal, the big potential in the insurance. plenty more to come. having you ship my gifts couldn't be easier. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. >>> we continue to monitor reaction to the...
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Dec 5, 2012
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steve, you were brutally cut off in your prime. so let's talk about -- let's get back to the point where you were at, which is talking about the structural deficit. >> yeah, i think that's where you cut me off in my prime. but anyway, the deficit is clearly not going to achieve getting rid of that in a five-year period. many estimates believe that in 2013-2014, the next fiscal year, it's going to be around 7%. that's better than the 11% inherited by this government, but will be a couple points worse than greece and spain. so that's a big negative for george osbourne. another one will be getting the percentage of debt compared with gdp in the country, getting that down within a five-year period, getting it syncing in the right direction. he thought it was going to peek around 75%, 75%. it looks like it could go up even further. so let's see what he says on that front today. in terms of options, he has very few options indeed because this is a government which as we know has set its fallout on plan a. and yet, are we seeing real aust
steve, you were brutally cut off in your prime. so let's talk about -- let's get back to the point where you were at, which is talking about the structural deficit. >> yeah, i think that's where you cut me off in my prime. but anyway, the deficit is clearly not going to achieve getting rid of that in a five-year period. many estimates believe that in 2013-2014, the next fiscal year, it's going to be around 7%. that's better than the 11% inherited by this government, but will be a couple...
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Dec 12, 2012
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steve martin's kid. a simple -- >> so steve? >> should i start now? >> hector alizondo. >> pretty woman. >> there you go. >> richard gere. >> crist american league? >> moving on. i told you the weak link. >> i don't have a lot of time. >> as we discussed, not everyone is into sending out photos of themselves. this is something i can get behind. the vatican released this picture of pope benedict with his first series of tweets. we made it a caption contest where jennifer dropped this gem. how do i find angry birds? can you do better? we want to know. send that to us on facebook.com. we say the real world, tell a friend. the holidays are all about family. up next, the new research on the most important relationship. we are talking in-laws and public enemy. that led to a rap that just got inducted into the hall of fame. the capital one cash rewards card gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone...but her likes 50% more cash. but i'm upping my game. do you want a candy cane? yes! do you want the puppy? yes! do you want
steve martin's kid. a simple -- >> so steve? >> should i start now? >> hector alizondo. >> pretty woman. >> there you go. >> richard gere. >> crist american league? >> moving on. i told you the weak link. >> i don't have a lot of time. >> as we discussed, not everyone is into sending out photos of themselves. this is something i can get behind. the vatican released this picture of pope benedict with his first series of tweets. we made...
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Dec 10, 2012
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. >> steve: delusional of. tomorrow on our program, laura ingraham, cheryl casone, and actress aisha tyler. big show. >> gretchen: see you tomorrow bill: guys. good morning. as we start this week we want to talk about a dangerous rescue in afghanistan come at a high price the life of a u.s. navy seal. here is the mission. to save an american doctor kidnapped by the taliban. as we go through the story it's a reminder about the sacrifice still being made overseas. good morning i'm bill hemmer. whole new week here at "america's newsroom". martha: i'm martha maccallum. this fallen hero was a member of navy "seal team 6" that carried out the mission to kill usama bin laden. according to officials in afghanistan they came under heavy fire with this mission. >> according to our information the kidnappers were taliban. they were heavily armed with heavy machine guns, with so-called rpg. rocket propelled grenades and ak-47s. bill: steve centanni follows up in washington. what can we report about this rescue machine? >>
. >> steve: delusional of. tomorrow on our program, laura ingraham, cheryl casone, and actress aisha tyler. big show. >> gretchen: see you tomorrow bill: guys. good morning. as we start this week we want to talk about a dangerous rescue in afghanistan come at a high price the life of a u.s. navy seal. here is the mission. to save an american doctor kidnapped by the taliban. as we go through the story it's a reminder about the sacrifice still being made overseas. good morning i'm...
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Dec 13, 2012
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steve liesman and rick santelli tackle it out next. >> oh, boy. and we'll hear from a top republican lawmaker warning that the real fiscal cliff is a couple years away when the economy could collapse because of runaway spending. congressman paul brown will join us. >> and top picks for 2013. you'll never guess what stock he likes the most. >> hmm. >> back in a moment with that. [ male announcer ] with wells fargo advisors envision planning process, it's easy to follow the progress you're making toward all your financial goals. a quick glance, and you can see if you're on track. when the conversation turns to knowing where you stand, turn to us. wells fargo advisors. [ male announcer ] you build a reputation by not breaking down. consider the silverado 1500 -- still the most dependable, longest-lasting full-size pickups on the road. and now we've also been recognized for lowest total cost of ownership -- based on important things, like depreciation, fuel, and maintenance costs. and now trade up to get a 2012 chevy silverado all-star edition with a
steve liesman and rick santelli tackle it out next. >> oh, boy. and we'll hear from a top republican lawmaker warning that the real fiscal cliff is a couple years away when the economy could collapse because of runaway spending. congressman paul brown will join us. >> and top picks for 2013. you'll never guess what stock he likes the most. >> hmm. >> back in a moment with that. [ male announcer ] with wells fargo advisors envision planning process, it's easy to follow...
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Dec 11, 2012
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. >> i'm steve kornacki. i'm a resident party animal. you haven't seen the pictures of the 2002 massachusetts gubernatorial debate watch party. >> what? >> we stand corrected. it's always a party here in "the cycle." >>> developing news this hour. protesters rae main out of michigan's capitol building urging the governor not to sign right to work legislation and barring them from requiring workers to pay union dues as a condition of employment. the state house passed both bills today dealing with private and public sector unions. protesters were shouting "shame on you" from the gallery. michael moore said they're up to 15,000 people at the protest. state senate passed both bills last week and now michigan governor rick snyder says he'll sign them as early as tomorrow. nbc's ron mott is there. what's the latest? >> reporter: hey there, good day to you. i'm not sure about 15,000 number but there are still a lot of folks here. most of them have probably started making their away from the state capitol because the measures here to protest ha
. >> i'm steve kornacki. i'm a resident party animal. you haven't seen the pictures of the 2002 massachusetts gubernatorial debate watch party. >> what? >> we stand corrected. it's always a party here in "the cycle." >>> developing news this hour. protesters rae main out of michigan's capitol building urging the governor not to sign right to work legislation and barring them from requiring workers to pay union dues as a condition of employment. the state...
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Dec 12, 2012
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steve sedgwick -- steve sedgwick with more. steve? >> reporter: hey, just head the prompt. it's me in vienna. it does feel like winter, minus three here. but i can tell you that opec should be happy. it is producing nearly 31 million barrels a day. it's got brent over $108 a barrel. brent will be over $110 a barrel on average for 2012. for the first time ever. olympic making a trillion dollars in -- opec is making a trill dollars trillion dollars in oil. they're worry good oversupply going into 2013. they are concerned that the call on their oil is going to be less than 30 million barrels a day even though they're producing the best part of 31 million barrels ail day. surely they should be taking a little off the table if they want to keep it at current levels. the problem is they don't take any off the table officially. it would send out the wrong message politically. but there's a real concern that oecd inventories, the consuming, western nations, eventually got inventories above 59 days, which is the first time we've seen that in 2012. and it's above the average over the
steve sedgwick -- steve sedgwick with more. steve? >> reporter: hey, just head the prompt. it's me in vienna. it does feel like winter, minus three here. but i can tell you that opec should be happy. it is producing nearly 31 million barrels a day. it's got brent over $108 a barrel. brent will be over $110 a barrel on average for 2012. for the first time ever. olympic making a trillion dollars in -- opec is making a trill dollars trillion dollars in oil. they're worry good oversupply...
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Dec 7, 2012
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>>> plus, former aol ceo steve case joins us. he'll outline his big plans to get america back to work and how to keep america great when it comes to innovation. all ahead on "power lunch." tdd#: 1-800-345-2550 this morning, i'm going to trade in hong kong. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm right there. tdd#: 1-800-345-2550 and i'm in total control because i can trade tdd#: 1-800-345-2550 directly online in 12 markets in their local currencies. tdd#: 1-800-345-2550 i use their global research to get an edge. tdd#: 1-800-345-2550 their equity ratings show me how schwab tdd#: 1-800-345-2550 rates specific foreign stocks tdd#: 1-800-345-2550 based on things like fundamentals, momentum and risk. tdd#: 1-800-345-2550 and i also have access to independent tdd#: 1-800-345-2550 firms like ned d
>>> plus, former aol ceo steve case joins us. he'll outline his big plans to get america back to work and how to keep america great when it comes to innovation. all ahead on "power lunch." tdd#: 1-800-345-2550 this morning, i'm going to trade in hong kong. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down...
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Dec 12, 2012
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to steve austria, steve is another one that reached out. as a 26 1/2-year veteran of the air force, wright patterson air force base is -- it's important to the state of ohio, that is true. but it's important to the air force. it's porch to our nation. -- important to our nation. and i've appreciated the work that steve has done there. steve might not realize this, but he trained many of the staff that i have today. i'm very pleased with the staff that i have here in washington and many of those that serve with me today, serving the sixth district of ohio, came through steve austria's office. and -- where they learned and where they saw the value of hard work and steve austria and i appreciate so much what steve has done for our delegation. to dennis kucinich. you know, i had seen dennis many, many times on television prior to being elected myself, seeing the interviews. dennis was a known leader and political figure in the state of ohio and people told me early on , you know, you don't have to agree with everything that dennis says, but one
to steve austria, steve is another one that reached out. as a 26 1/2-year veteran of the air force, wright patterson air force base is -- it's important to the state of ohio, that is true. but it's important to the air force. it's porch to our nation. -- important to our nation. and i've appreciated the work that steve has done there. steve might not realize this, but he trained many of the staff that i have today. i'm very pleased with the staff that i have here in washington and many of those...
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Dec 5, 2012
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let's check in with steve. >>> tara, thank you. rain steady, moderate, almost approaching heavy now. you can see an enhancement taking place. maybe a quarter inch to an inch of rain along the san mateo coast, skyline and santa cruz mountains. already san francisco is approaching a half inch of rain. another quarter to an inch to the north and south. but there is a pretty good looking ban going over us. san francisco almost a half inch of rain. there is a line. you can see stretching from concord back over toward berkeley and highway 24. and right toward san francisco you can see that is pretty heavy rain right off the marin head lands. there is pockets of very heavy rain there. it looks like it's flowing south. you can see right off the coast as well things have been enhancing. also over toward interstate 80 over toward hercules, pinole, and back over toward lafayette. things are beginning to fill in. overall the line is taking a west to east angle and it's moving over us. rain here for some not at all. it will be cloudy. for other
let's check in with steve. >>> tara, thank you. rain steady, moderate, almost approaching heavy now. you can see an enhancement taking place. maybe a quarter inch to an inch of rain along the san mateo coast, skyline and santa cruz mountains. already san francisco is approaching a half inch of rain. another quarter to an inch to the north and south. but there is a pretty good looking ban going over us. san francisco almost a half inch of rain. there is a line. you can see stretching...
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Dec 11, 2012
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steve, your number one moneymaker now? >> this is controversial, in china, people worried about china. a two year bear market, new leadership in place, economic recovery underway, leading indicators suggest it's started. this is a company that benefits from all of that domestic growth in china. it's one of the national carriers, and it's connected to the star alliance. stock is trieding at three times, down 45% off its lows. liz: now, if there's a domestic rebound, is that what you believe is really happening there? >> well, we think there's a domestic rebound coming -- lizly -- liz: china -- >> recovery under way, off of what? 7% gdp growth, but up 9% next year. liz: and a growing middle class likes to travel. >> 250 million people entering middle class in china. liz: almost as many people in the u.s.. good to see you. >> good to see you. liz: closing bell ringing in six minutes, up 80 points for the dow, lots of green on the dow, we're coming right back, don't noaf of move. ♪ what's next? he's going to apply testostero
steve, your number one moneymaker now? >> this is controversial, in china, people worried about china. a two year bear market, new leadership in place, economic recovery underway, leading indicators suggest it's started. this is a company that benefits from all of that domestic growth in china. it's one of the national carriers, and it's connected to the star alliance. stock is trieding at three times, down 45% off its lows. liz: now, if there's a domestic rebound, is that what you...
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>> steve, i like the humor around the group, and i think it's a slightly schizophrenic time. i think one can be deeply worried about the compression of growth, the collapse of inflation, and the possible revival of 1930s style policies around the world. that's deeply worrying. on the other hand, i think there is some space to be slightly optimistic that we're opening up opportunities for what i call a pivot to inhe flags both here in the united states and around the world. >> this is just around the corner, and it's going to destroy the economy and inflation has not ticked up. it's been low for the past few years. you say maybe a little inflation wouldn't be bad for the economy right here. kind of a counterintuitive argument to make. can you lay that case out a little bit? >> yeah. the big concern when you have a heavily indekted economy here in the united states and around the developed world the last thing you want is deflation, because that means the debt burdens get heavier and it becomes harder to pay them off. what you want essentially is some inflation. not high inflat
>> steve, i like the humor around the group, and i think it's a slightly schizophrenic time. i think one can be deeply worried about the compression of growth, the collapse of inflation, and the possible revival of 1930s style policies around the world. that's deeply worrying. on the other hand, i think there is some space to be slightly optimistic that we're opening up opportunities for what i call a pivot to inhe flags both here in the united states and around the world. >> this...
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Dec 12, 2012
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one of the groups senior staff, steve, who is actually also a fox ws contributor was brutallyassaulted as he tried to prottect his staff. nuts. joining us now, thee most senior republican lawmaker who voted today, the house speaker, thank you for being with us today. this is monumental on so many levels. we have a michigan republican controlled legislature right now. is that why you dove into this now while you could? >> tracy, thanks for joining us. this is a monmental night because it's a monumental win for michigan's workers. we kept the focus on the workers, their freedom to choose which organizions to join and what they don't want to join. we know there were clashes. know people demonstrated inappropriately, but good stories as well. clnup happening on the lawn by the demonstrators, but the point is throughout it all, we haveto keep focus on people going to work every day to literally build our state. tracy: right, because now it's easier to woo companies into michigan to bring obs; right? the states like south carolina, alabama, texas, have seen a boom in companies coming to work
one of the groups senior staff, steve, who is actually also a fox ws contributor was brutallyassaulted as he tried to prottect his staff. nuts. joining us now, thee most senior republican lawmaker who voted today, the house speaker, thank you for being with us today. this is monumental on so many levels. we have a michigan republican controlled legislature right now. is that why you dove into this now while you could? >> tracy, thanks for joining us. this is a monmental night because it's...
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Dec 10, 2012
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steve, i think i can go back to my phone conversation and i am glad to have you back. >>> we have clear skies and patchy fog out in the valley and a good breeze, it is 60 degrees in downtown oakland and that system up in the gulf of alaska will be here with a change in our pattern. we will have more coming up in about five minutes, pam? >>> ktvu channel 2 morning news was the first crew on the scene, a big-rig burst into flames we have more on what we learned about the people inside. >>> the man accused of kidnapping and killing a missing morgan hill teen is expected to be in court and what the next step is for him. >>> and there is a crab fisherman strike coming up. hey, look! a shooting star! make a wish! i wish we could lie here forever. i wish this test drive was over, so we could head back to the dealership. [ male announcer ] it's practically yours. test drive! but we still need your signature. volkswagen sign then drive is back. and it's never been easier to get a jetta. that's the power of german engineering. get $0 down, $0 due at signing, $0 deposit, and $0 first month's payme
steve, i think i can go back to my phone conversation and i am glad to have you back. >>> we have clear skies and patchy fog out in the valley and a good breeze, it is 60 degrees in downtown oakland and that system up in the gulf of alaska will be here with a change in our pattern. we will have more coming up in about five minutes, pam? >>> ktvu channel 2 morning news was the first crew on the scene, a big-rig burst into flames we have more on what we learned about the people...
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Dec 13, 2012
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, a pick of steve's for a long time. >> i like it for some of the same reasons. but the key here is they are hiring engineers. they bought on the air and the reason is they know these engineers from google. they've been terribly underst f understaffed. in 4 1/2 months, she's turned around the psychology at yahoo!. if you talk to people at yahoo! finance, which we do, the psychology within the company has turned around. plus, you've got dan, david and tiger in the stock. goldman out with a recommendation, a target of 24. i would actually buy it under 19, i wouldn't exit the trade if i was an investor. we're talking about investments here, 24 is not going to happen overnight. >> okay, mark, going to leave it there. thank you for coming by. >>> coming up next, a closer look at why insiders are kicking their stocks to the curb and whether you should be following their lead. >>> and later, will the fiscal cliff be the grinch that stole chris has? we're doing some on the ground research to find out how shoppers are dealing with washington grid lock. stay tuned. [ male
, a pick of steve's for a long time. >> i like it for some of the same reasons. but the key here is they are hiring engineers. they bought on the air and the reason is they know these engineers from google. they've been terribly underst f understaffed. in 4 1/2 months, she's turned around the psychology at yahoo!. if you talk to people at yahoo! finance, which we do, the psychology within the company has turned around. plus, you've got dan, david and tiger in the stock. goldman out with a...
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Dec 5, 2012
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. >> steve barton and eric fuller, thanks, both of you for coming on the program. >> what does it mean and by it, i mean the second >> she gets the comedians laughing... >> that's hilarious! >> ...and the thinkers thinking. >> okay, so there's wiggle-room in the ten commandments is what you're telling me. >> she's joy behar. ... and current will let me say anything. >> only on current tv. >> a well-regulated militia being necessary to the security of a free state the right of the people to keep and bear arms shall not be infringed. what does that mean? joining me to answer is adam winkler, professor of constitutional law. explain it, those few words have sparked controversy dispute explain to us a little bit about the history of the words and how you understand them under current legal jurisprudence in terms of the capacity to impose gun control. >> those words have doubled to americans for a long time. it's as if this wonderful thing the karma was discovered and wanted to put it in there. as a long time, people have been confused. a landmark case, district of columbia versus he willer
. >> steve barton and eric fuller, thanks, both of you for coming on the program. >> what does it mean and by it, i mean the second >> she gets the comedians laughing... >> that's hilarious! >> ...and the thinkers thinking. >> okay, so there's wiggle-room in the ten commandments is what you're telling me. >> she's joy behar. ... and current will let me say anything. >> only on current tv. >> a well-regulated militia being necessary to the...
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back to you, maria. >> steve, thank you so much. steve liesman with the secretary of treasury. let's get reaction to that exclusive interview. that's coming up after that short break. on deck, senator jeff sessions is with me, a ranking member of the senate budget committee. richard shelby is also with me. and maya mcguinness. this busy edition "the closing bell" is just getting started. we're back in a minute. they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of a one-to-one relationship. together for your future. ♪ well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. >>> welcome back. you just heard from timothy geithner. did the exclusive interview you just saw move the needle in terms of the fiscal cliff being any clo
back to you, maria. >> steve, thank you so much. steve liesman with the secretary of treasury. let's get reaction to that exclusive interview. that's coming up after that short break. on deck, senator jeff sessions is with me, a ranking member of the senate budget committee. richard shelby is also with me. and maya mcguinness. this busy edition "the closing bell" is just getting started. we're back in a minute. they've been committed to putting clients first. helping generations...
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[applause] >> thank you, steve. i would like to thank the secretary for his kind comments and i think it's important to note in addition to our united states senators, we are joined by the entire colorado delegation. our members of congress, diana degette, jared polis, cory gardner and congressman perlmutter. i had the great privilege to be with our former senator in the shadow of the rocky mountains where this tree once stood and we now have the high privilege of standing in the shadow of the capitol of the united states of america to be able to celebrate this season. when we went to carve that tree, we were joined there by members of the ute tribes. they are inherent to our area. the people of the ute tribes, they have a word that things are good -- to make sure that all is good. native american culture, it's about wind, about the sky, the land, and water. and from that, growth and life comes. this tree, which will represent the spirit of the state of colorado and indeed our nation speaks also to the importance as
[applause] >> thank you, steve. i would like to thank the secretary for his kind comments and i think it's important to note in addition to our united states senators, we are joined by the entire colorado delegation. our members of congress, diana degette, jared polis, cory gardner and congressman perlmutter. i had the great privilege to be with our former senator in the shadow of the rocky mountains where this tree once stood and we now have the high privilege of standing in the shadow...
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. >> i was on the stage afterwards talking to steve van zandt and max, and all of a sudden they were looking behind me. they moved away and stopped talking. so i turned around, and there he was. >> and there he was. >> there he was. >> and he gave you -- >> he put his hand out, and i shook his hand. i tried to be cool, i wasn't. >> no. >> and then he said, come on, give me a hug. and i said, all right. and i hugged him, and -- >> and did he go, come on, stop. >> no. you know, that's always hard to judge, right. when do you stop the man hug? it's hard -- >> you got to give also this, the pat, or did you just go slow dance? >> no, i went slow dance. >> you've got to be kidding. >> i went slow dance. i did. >> no pat? >> no pat, i went slow dance. but then he said the most amazing thing to me. he said, it's official, we're friends. >> oh, wow. that's nice. that's nice. >> sounds like getting a knighthood, a jersey knighthood. >>> next, remember this from the final days of the presidential campaign? >> i will come on "morning joe" and i will shave off my mustache of 40 years if we lose a
. >> i was on the stage afterwards talking to steve van zandt and max, and all of a sudden they were looking behind me. they moved away and stopped talking. so i turned around, and there he was. >> and there he was. >> there he was. >> and he gave you -- >> he put his hand out, and i shook his hand. i tried to be cool, i wasn't. >> no. >> and then he said, come on, give me a hug. and i said, all right. and i hugged him, and -- >> and did he go,...
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one of the things that steve has worked on a great deal, and i do not want to take away his thunder, a look at how americans will stay competitive -- if we look at how america will stay competitive -- i hear your phone -- [laughter] the question of whether or not a merkel be able to compete, whether we will be able to make investments, are we -- are we going to be able to have the kind of innovation that creates jobs? north of 80% of the net new jobs made in america in the last 20 years have come from start-ups. where had the talent come from? disproportionately from a first generation americans. we are very lucky particularly in northern virginia, which rivals only the silicon valley in terms of the number of tech- related startups, you look a little deeper, and a 1 1/3 of the tech startups in northern virginia had one of the co- founders or founders as a first generation american. the numbers in the valley are even higher. how do we maintain that? one is talent. i will come back to that in a moment. another piece of this which we think is very complementary and something that steve
one of the things that steve has worked on a great deal, and i do not want to take away his thunder, a look at how americans will stay competitive -- if we look at how america will stay competitive -- i hear your phone -- [laughter] the question of whether or not a merkel be able to compete, whether we will be able to make investments, are we -- are we going to be able to have the kind of innovation that creates jobs? north of 80% of the net new jobs made in america in the last 20 years have...
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tracy: and james, tech industries, you see you know, you don't see bill gates or steve jobs, while still alive, working for union workers, the world is changing a little bit, is it still necessary? >> that is the problem that the unions have, they have not changed fundamentally how they represent workers since the 1930s, but the economy has changed. look at union contracts, all senior tie based promotions and pancases. you want performance reviews, and performance based pays and the union makes name possible. tracy: thank you for your sights. >> thank you. tracy: now that michigan is a right-to-work state, is this the beginning of end of uons, a gal up on pole said that mer-- gallup poll said more than half of americans believe. but not just yet. number 5, telecommunications workers, 16% of all unionized. transportation workers 4.5 million, 1 million are unionized. and they earn a third more than nonunion colleagues, and utility workers, 25% of these are union members they earn more than 10 perspir week mor -- per week wo. and number 2, local firefighters and police. 35% belong to unions
tracy: and james, tech industries, you see you know, you don't see bill gates or steve jobs, while still alive, working for union workers, the world is changing a little bit, is it still necessary? >> that is the problem that the unions have, they have not changed fundamentally how they represent workers since the 1930s, but the economy has changed. look at union contracts, all senior tie based promotions and pancases. you want performance reviews, and performance based pays and the union...
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steve, i want to go to you first on this. there has been a lot of discussion and a lot of back and forth whether it's a good thing for marriage equality for the supreme court to take up these issues. some folks think better to leave it at the state level. there has been a lot of progress there. are you bullish or bearish on this? >> i'm bullish. i think the supreme court is going to do the right thing. you know, it's hard to predict, but i think the country has been moving so fast in the right direction. the court is not immune to public opinion. the court is not immune to the wind blowing through the country. and it's so clear where we're moving and the progress we've made in the last five years has been amazing. and i think the court is going to do the right thing. >> chris, let's talk a little bit about public opinion. because we have some polling that shows a breathtaking change of public opinion on this. in 2008, 36% of the country supported same-sex marriage. by this year, 48% support same-sex marriage. 46% oppose it. a
steve, i want to go to you first on this. there has been a lot of discussion and a lot of back and forth whether it's a good thing for marriage equality for the supreme court to take up these issues. some folks think better to leave it at the state level. there has been a lot of progress there. are you bullish or bearish on this? >> i'm bullish. i think the supreme court is going to do the right thing. you know, it's hard to predict, but i think the country has been moving so fast in the...
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steve, what could happen is they come to some lame compromise before the end of the year. they say next year we will do it in january. we might have a block of time what we don't know what is going on. during that chunk of time, the economy could see itself while precipitately very quickly. >> i would make the case that there is complete uncertainty. nobody knows what's going on. i think we have a little bit more clarity in the last couple of days. i've been spending a lot of time on capitol hill. the most likely outcome now is republicans are probably going to get higher tax rates on the rich with some nuances to that. republicans are now saying for the most part they are willing to allow spending cuts to go through. republicans have a lot of spending options. there is nothing president obama can do to stop that. not such a bad solution at this point. look, this is a business. look at what this has done in the last four years. they have tightened their belts. they have cuts all extraneous senators. the corporations are amazingly efficient and productive right now. guess w
steve, what could happen is they come to some lame compromise before the end of the year. they say next year we will do it in january. we might have a block of time what we don't know what is going on. during that chunk of time, the economy could see itself while precipitately very quickly. >> i would make the case that there is complete uncertainty. nobody knows what's going on. i think we have a little bit more clarity in the last couple of days. i've been spending a lot of time on...
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secretary of state meeting with the russian counterpart, david and steve, this is both to you. david, let me start with you. it looks like the russians are looking for a way out of supporting assad. are we there yet? >> not quite there but they're getting pretty close. the russians sniffed the decay of power faster than almost any nation on earth. the chinese are also good at that. i've come to the conclusion that at this point assad's days are numbered. now whether you measured those numbers in months or weeks, they don't know. but the russians have a lot at stake here. they're only outside of russia naval base is in seyria. they want to make sure if there's a transition, they're involved to preserve that. >> and, steve, if the russians back out, does that mean the first action then that -- will we see emergency action at the u.n. perhaps this weekend? when is all this coming to a head? >> i think the russians keep moving in the direction they are, i do think they're there, sending all the signals that they are done with assad and so the market signals are there. i think you'l
secretary of state meeting with the russian counterpart, david and steve, this is both to you. david, let me start with you. it looks like the russians are looking for a way out of supporting assad. are we there yet? >> not quite there but they're getting pretty close. the russians sniffed the decay of power faster than almost any nation on earth. the chinese are also good at that. i've come to the conclusion that at this point assad's days are numbered. now whether you measured those...
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stay with us. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. monarch of marketing analysis. with the ability to improve roi through seo all by cob. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. i'm going b-i-g. [ male announcer ] good choice business pro. good choice. go national. go like a pro. >>> welcome back to "power h."on johnson&johnson getting expanded approval for the fda for the use of its drugs to treat men with late stage prostate cancer prior to recovering from chemo -- receiving chemotherapy, that is t
stay with us. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. monarch of marketing...
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steve, and brandon darby was an occupy protest who was in the group and then became an informant for the fbi. >> brandon, you were inside the movement and one of the thing i'm afraid of is you have the extreme left that wants to fundamentally transform and change america in ways that i don't think the average american would really comprehend. you were there. you were inside. how widespread is the thinking on this? >> sean, you have to understand that this video is really a serious of videos. a serious of videos where this same sentiment has been expressed t happened in the 2008 republican national convention. what i learned working undercover with the fbi was that these groups oftentimes are supported by the moderate left of center groups. and they are oftentimes protected by them in the media after they get caught by law enforcement. >> that's a fascinating thing, steve, because remember we had the guy deaf -- deficating on the police car and a rape tent set up for women because of the rapes taking place, and it was a really radical movement. we saw violence in cities across america
steve, and brandon darby was an occupy protest who was in the group and then became an informant for the fbi. >> brandon, you were inside the movement and one of the thing i'm afraid of is you have the extreme left that wants to fundamentally transform and change america in ways that i don't think the average american would really comprehend. you were there. you were inside. how widespread is the thinking on this? >> sean, you have to understand that this video is really a serious...
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these are things, by the way, i have been back and forth with steve stanley. more people would work, right. but what happens to fed policy? does it remain the same? when do i get nervous? think about what your investors were saying? when should i sell bonds and buy equities? will there be a fed policy? admitted he bernanke did say that 6.5 -- >> isn't he going to stop buying treasuries and mortgage dash back security -- >> hold that thought. >> okay. >> what happens between 6.5 unemployment and 5.5, which is the natural rate. or where the fed thinks the long run unemployment rate. is when do you do that? and finally, the thing that i would come back with t.to, whate gauges for qe. there are two policies, tyler, and two rules. qe policy is not the -- >> is bond buying. >> it is different from the rate policy, which is tied to 6.5% unemployment. what we need to do, what your other investor guys, is sell me a derivative that takes my bond portfolio and henls my equity portfolio to those two numbers. because remember, we had a time limit mid 2015, that corresponde
these are things, by the way, i have been back and forth with steve stanley. more people would work, right. but what happens to fed policy? does it remain the same? when do i get nervous? think about what your investors were saying? when should i sell bonds and buy equities? will there be a fed policy? admitted he bernanke did say that 6.5 -- >> isn't he going to stop buying treasuries and mortgage dash back security -- >> hold that thought. >> okay. >> what happens...
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. >> i hear what steve just said. but given the jobs report, we've also seen a drop in gasoline prices. when you get the -- when you remember the prices fell by gasoline. your decline in prices. that's a big increase in consumer spending and probably income last month. so i think consumers can replenish savings just a little bit and still have spending. you also have at the upper end $20 billion and growing of dividends declared this month. to beat the tax hike. that's $20 billion of cash flow that higher income individuals, not all of them but many of them will get. and much of that will end up being spent. >> you acknowledge that university in michigan consumer sentiment, that was big decline. and much of that is attributable to fears about the fiscal cliff. all bets could be off the table if we go off the fiscal cliff. >> sure if you go over the cliff. and you'll still have some tax hikes. we have consumer spending around 2% in real terms in line with income. we don't think the whole tax hikes will go into effect e
. >> i hear what steve just said. but given the jobs report, we've also seen a drop in gasoline prices. when you get the -- when you remember the prices fell by gasoline. your decline in prices. that's a big increase in consumer spending and probably income last month. so i think consumers can replenish savings just a little bit and still have spending. you also have at the upper end $20 billion and growing of dividends declared this month. to beat the tax hike. that's $20 billion of cash...
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steve, thanks so much for your time. steve fox, marijuana policy project in washington. >> house speaker john boehner is to speak on the fiscal cliff negotiations in just a few minutes. we'll bring you those comments live as soon as he starts speaking. plus, former ohio governor ted strickland will join us. he says republicans are not acting in the best interest of the country when it comes to the fiscal cliff and explain exactly why he's saying that on cnbc. [ male announcer ] this is joe woods' first day of work. and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find some good people to help guide him, and he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. it's just common sense. i have obligations. cute toblig
steve, thanks so much for your time. steve fox, marijuana policy project in washington. >> house speaker john boehner is to speak on the fiscal cliff negotiations in just a few minutes. we'll bring you those comments live as soon as he starts speaking. plus, former ohio governor ted strickland will join us. he says republicans are not acting in the best interest of the country when it comes to the fiscal cliff and explain exactly why he's saying that on cnbc. [ male announcer ] this is...
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>> well, i would actually say to steve the fourth, and that's the secretary of state position is actually softened hillary clinton. she's been made accessible and precisely because of the work she's done with women and children but also she's been able to demonstrate her tenacity but also her leadership on a global level where it's no longer is she part of the bill and hillary team now, but every time someone mentions clinton you first think of hillary and then think of bill. that demonstrates not only has she been able to become more accessible, but more importantly she's been fierce all on her own as a leader. >> jonathan, let me play with james carville said about a possible hillary clinton candidacy. take a listen. >> every democrat i know says, god, i hope she runs, we don't need a primary. the democrats want her to run. i don't mean a lot of democrats, i mean a whole lot of democrats, like 90% across the country. >> okay, john. so when you look at the roster of likely gop candidates from bobby jindal, rick santorum possibly, chris christie, marco rubio, would any of them be able to
>> well, i would actually say to steve the fourth, and that's the secretary of state position is actually softened hillary clinton. she's been made accessible and precisely because of the work she's done with women and children but also she's been able to demonstrate her tenacity but also her leadership on a global level where it's no longer is she part of the bill and hillary team now, but every time someone mentions clinton you first think of hillary and then think of bill. that...
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steve, i want to you go to chris christie first. that question barbara walters asked him seems to me to be a hurdle he would have to get over in any national campaign. i think barbara is asking what is in the very first set of questions that voters would have on their minds. >> there is no question that its an issue. there is no question it is a legitimate issue. the help of presidential candidates is always a part of a presidential race. it is as physically grueling an experience as you can possibly have. he has done a tremendous job during this crisis in new jersey. it is not analogous to running for president nationally over the course of four years. i think if he is going to be a serious presidential candidate, this is an issue that he is going to have to deal with. i say that as someone who admires him very, very much and hopes very badly that he will run for president as a republican. i think who could help remake the party. >> steve, i do think he handled that reasonably well in response to barbara's question. >> there is no
steve, i want to you go to chris christie first. that question barbara walters asked him seems to me to be a hurdle he would have to get over in any national campaign. i think barbara is asking what is in the very first set of questions that voters would have on their minds. >> there is no question that its an issue. there is no question it is a legitimate issue. the help of presidential candidates is always a part of a presidential race. it is as physically grueling an experience as you...
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. >> joining me now is steve and republican strategist and form are campaign manager for huckabee, jim saltsman. >> hello. >> pmr. demint has been trying o leverage his position as the tea party's uncompromising man in the gop and that his effort has failed or stalled. >> i don't think i agree with "the washington post" at all. i think he's had a great impact across the country and i think the move to the heritage makes a lot of sense to him personally. he always said he was going to be a two-term senator. had he a term less. he left early. he wasn't going to be a career politician. i think this makes a lot of sense for senator demint in a lot of ways and i think it's good for the conservative movement. >> he has supported candidates against more moderate republicans in primaries and then his candidate lost in the general election, including obviously richard mourdock in indiana, christine o'donnell, ken buck in colorado. what do you think is going to be the influence now for jim demint going into the heritage foundation? >> i think he's been a singular failure when you look at the can
. >> joining me now is steve and republican strategist and form are campaign manager for huckabee, jim saltsman. >> hello. >> pmr. demint has been trying o leverage his position as the tea party's uncompromising man in the gop and that his effort has failed or stalled. >> i don't think i agree with "the washington post" at all. i think he's had a great impact across the country and i think the move to the heritage makes a lot of sense to him personally. he...
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>>> i'm steve kornacki. there's outrage maybe even criminal charges coming in that death of the nurse in england. wait a minute. are we being too hard on the pranksters? >> i'm krystal ball. in to the holiday spiritual. our friend is back at the table with tips to dare we say it enjoy the season? >>> all and that a federal case of it. why when it comes to gay marriage the train can't be stop. neither can we. it's "the cycle" and it's monday, december 10th. >>> it's monday, fun day here at "the cycle." let's get the party started. where will it land today? fiscal cliff? huh. so much for fun. well you know what? we at "the cycle" can make it fun. look at this. the president living it up in motown last hour calling on republicans to stop being party poopers. >> i believe america only succeeds and thrives when we've got a strong and growing middle class. i want us to bring down our deficits but i want to do it in a balanced, responsible way. and i want to reward -- i want a tax code that rewards businesses and m
>>> i'm steve kornacki. there's outrage maybe even criminal charges coming in that death of the nurse in england. wait a minute. are we being too hard on the pranksters? >> i'm krystal ball. in to the holiday spiritual. our friend is back at the table with tips to dare we say it enjoy the season? >>> all and that a federal case of it. why when it comes to gay marriage the train can't be stop. neither can we. it's "the cycle" and it's monday, december 10th....
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>> steve: yeah. meanwhile, we got other stories making headlines on this thursday morning. while you were sleeping, antivirus software founder john mcafee arrived back in the united states to face the music. >> this morning i was in jail. today here i am. i'm not worried at all. if i'm in front of a court, there is nothing in the world they will do to send me back. they have no evidence. >> steve: he arrived in miami last night after trying to seek asylum in guatemala. he's wanted in belize, a country, for questioning about the murder of his neighbor. >> gretchen: he's been serving up lunch for five years, but it only took minutes for union workers in lansing, michigan, to completely destroy his famous hot dog cart. clinton's cart was inside the americans for prosperity tent and that is the same one that workers violently tore down on the capitol lawn as they protested the right to work law. there is good news here. people are now pitching in to help him out. so far they've raised $14,000 to get his
>> steve: yeah. meanwhile, we got other stories making headlines on this thursday morning. while you were sleeping, antivirus software founder john mcafee arrived back in the united states to face the music. >> this morning i was in jail. today here i am. i'm not worried at all. if i'm in front of a court, there is nothing in the world they will do to send me back. they have no evidence. >> steve: he arrived in miami last night after trying to seek asylum in guatemala. he's...
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joining us now to discuss is steve, chair of the gay and lesbian victory fund. great to have you. >> nice to be here, alex. s. >> so a lot of tea leaf read and arm chair prognostication around this. i am by no means a supreme court expert, but when i saw that they were taking up both doma and prop 8, question as to whether they would take up inform i them at all, it seemed to me a signal that the court was ready to make a big decision, and i just cannot imagine, especially when you have conservatives like john roberts, who maybe sort of a fiscal conservative and vote in support of something like citizens united, but socially does not seem to be as conservative as, say, scalia. that they would be looking at the ark of history and say they are ready to make this law of the land. your intripgs now three days after they announced? are you feeling bullish or bearish? i asked you this on friday. i ask again. >> i'll bullish. i think the court wants to get in front of history and behind it. it is so clear where the country is moving. there is a poll this morning that s
joining us now to discuss is steve, chair of the gay and lesbian victory fund. great to have you. >> nice to be here, alex. s. >> so a lot of tea leaf read and arm chair prognostication around this. i am by no means a supreme court expert, but when i saw that they were taking up both doma and prop 8, question as to whether they would take up inform i them at all, it seemed to me a signal that the court was ready to make a big decision, and i just cannot imagine, especially when you...
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conversation with our steve liesman. in corporate news, the apple coming off its worst day ofs losses this almost four years. u.s. equity futures, though, not too bad so far today. indicated up about 15 points. today is thursday, december 6th, penultimate day before the day of infamy. "squawk box" begins right now. >> welcome to "squawk box." i'm becky quick along with joe kernen. andrew ross sorkin is on vacation this week. onset with us is drew mattis. welcome. thanks for getting up early. >> i'm always up at this time. >> we'll be going through secretary geithner's comments, but first let's get you up to speed on other stories. joe was talking about apple. it has been a rough ten weeks for the most valuable u.s. company. shares tumbling more than 6% yesterday shedding $35 billion of market value. among the reasons cited by analysts, a forecast by an influential research firm suggesting that the iphone and ipad maker is continuing to give up ground it rival the android gadgets. there were also unconfirmed reports that
conversation with our steve liesman. in corporate news, the apple coming off its worst day ofs losses this almost four years. u.s. equity futures, though, not too bad so far today. indicated up about 15 points. today is thursday, december 6th, penultimate day before the day of infamy. "squawk box" begins right now. >> welcome to "squawk box." i'm becky quick along with joe kernen. andrew ross sorkin is on vacation this week. onset with us is drew mattis. welcome....